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Orchasp Ltd logo

Orchasp Ltd

NSE: ORCHASP BSE: 532271

₹2.03

(1.50%)

Sat, 30 May 2026, 05:39 pm

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Company History

1994

  • Cybermate Infotek Ltd. was founded in May 1994 at Hyderabad.

1997

  • The company expanded into European markets.

1998

  • The company made an initial public offer in February 1998, which was oversubscribed 27 times.

2003

  • The company entered into a strategic partnership agreement with Key Systems of Greece.
  • The company bagged a US order and got rights to support development and maintenance of surfacestyles.com.

2005

  • The company set up development centers in Andhra Pradesh and North Eastern states.
  • The company set up overseas offices.

2006

  • The company increased its authorized share capital from Rs 150 million to Rs 450 million.

2007

  • The company allotted 4,800,000 Global Depositary Receipts representing 48,000,000 underlying shares of Rs 10 each on 28th September 2007.
  • The board of directors approved a collaboration partner agreement with Gemini Communications Ltd on 24th December 2007.
  • The board approved an implementation partnership for ERP with Gradient Technologies Ltd on 24th December 2007.
  • The board approved to take up Bulk Mail services to mobile companies in Middle East regions on 24th December 2007.

2011

  • The company decided to demerge its products division and power division into two separate companies.

2014

  • The company shifted its registered and corporate office to Plot No. 19 & 20, Moti Valley, Trimulgherry, Secunderabad - 500015.

2021

  • The company name was changed to Orchasp Ltd. from Cybermate Infotek Ltd.